Analysis of the past day

Trading in the foreign exchange market closed with the strengthening of the US dollar on Friday, due to the positive comments of the US Fed regarding further tightening of interest rates. Also, the dollar was supported by the weakness of the euro at the risk of a rising Italian budget deficit.

Against the background of the strengthening of the US dollar, stock indices were under pressure, which accelerated the decline in renewed risk and demand for the US dollar (Nikkei 225 -1.05; DAX +0.10; FTSE 100 -0.50; Dow 30 +0.50) .

The US dollar index closes the week and the day with growth near the level of 96.80-90, limited to psychology 97.00, while indicating that the upward dynamics of the American dollar remains, limited to overbought.

The US dollar index chart. The current price is 96.80 (10-year government bonds yield is the blue line)

Hanzenko Anton